Bank Of Canada - BOC

What Does It Mean?
What Does Bank Of Canada - BOC Mean?
The central bank of Canada, that came into existence after the passing of the Bank of Canada Act in 1935, influences the country's economy and money supply.
Investopedia Says
Investopedia explains Bank Of Canada - BOC
The biggest tool at the BOC's disposal is the short-term lending rate (overnight rate) between banks. The Bank of Canada also manages government debt as well as issues new currency.
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